European Lithium Limited
European Lithium Limited engages in the exploration and development of lithium deposits in Australia and Austria. It has 100% owned Wolfsberg lithium project located in Austria. The company is based in West Leederville, Australia.
European Lithium Limited (EULIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.031x
Based on the latest financial reports, European Lithium Limited (EULIF) has a cash flow conversion efficiency ratio of -0.031x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-2.06 Million) by net assets ($66.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
European Lithium Limited - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how European Lithium Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
European Lithium Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of European Lithium Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Daebo Magnetic Co.Ltd
KQ:290670
|
-0.063x |
|
Panagene Inc
KQ:046210
|
0.001x |
|
Caprice Resources Limited
F:C3F
|
-0.006x |
|
Acrinova AB Series B
ST:ACRI-B
|
0.342x |
|
HI SPAC 3
KQ:217500
|
-0.025x |
|
Tainet Communication System
TWO:4905
|
0.016x |
|
Nano Labs Ltd
NASDAQ:NA
|
-0.041x |
|
Flag Ship Acquisition Corp. Ordinary Shares
NASDAQ:FSHP
|
-0.006x |
Annual Cash Flow Conversion Efficiency for European Lithium Limited (2018–2023)
The table below shows the annual cash flow conversion efficiency of European Lithium Limited from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $66.30 Million | $-7.16 Million | -0.108x | +31.36% |
| 2022-06-30 | $78.55 Million | $-12.36 Million | -0.157x | -161.47% |
| 2021-06-30 | $42.57 Million | $-2.56 Million | -0.060x | -132.27% |
| 2020-06-30 | $34.55 Million | $-894.93K | -0.026x | +47.30% |
| 2019-06-30 | $32.57 Million | $-1.60 Million | -0.049x | +72.12% |
| 2018-06-30 | $30.93 Million | $-5.45 Million | -0.176x | -- |